{"id":2081,"date":"2023-05-11T09:56:00","date_gmt":"2023-05-11T09:56:00","guid":{"rendered":"https:\/\/smeloans.com\/?p=2081"},"modified":"2024-02-20T10:05:46","modified_gmt":"2024-02-20T10:05:46","slug":"how-removal-of-foreclosure-charges-from-sme-loans-can-benefit-banks-and-government-also","status":"publish","type":"post","link":"https:\/\/smeloans.com\/index.php\/2023\/05\/11\/how-removal-of-foreclosure-charges-from-sme-loans-can-benefit-banks-and-government-also\/","title":{"rendered":"How removal of foreclosure charges from SME loans can benefit banks and government also"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Credit and finance for MSMEs:\u00a0<\/strong>SMEs are vital to\u00a0<a href=\"https:\/\/www.financialexpress.com\/india-news\/\">India<\/a>\u2019s\u00a0<a href=\"https:\/\/www.financialexpress.com\/policy\/economy\/\">economy<\/a>, contributing 40 per cent of the nation\u2019s GDP and around 43% of its exports. However, these businesses face significant financial management challenges, compounded by their need for funds. Although various funding sources are available for SMEs in India, secured and unsecured bank loans remain the most widely used option.<\/p>\n<cite><a href=\"https:\/\/www.financialexpress.com\/business\/sme-msme-fin-how-removal-of-foreclosure-charges-from-sme-loans-can-benefit-banks-and-government-also-3076461\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.financialexpress.com\/business\/sme-msme-fin-how-removal-of-foreclosure-charges-from-sme-loans-can-benefit-banks-and-government-also-3076461\/<\/a><\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Credit and finance for MSMEs:\u00a0SMEs are vital to\u00a0India\u2019s\u00a0economy, contributing 40 per cent of the nation\u2019s GDP and around 43% of its exports. However, these businesses face significant financial management challenges, compounded by their need for funds. Although various funding sources are available for SMEs in India, secured and unsecured bank loans remain the most widely [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[37],"tags":[36,23,45,38,24],"class_list":["post-2081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-financing","tag-loans","tag-sme-loan-india","tag-sme-loans","tag-sme-sectors"],"_links":{"self":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/2081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/comments?post=2081"}],"version-history":[{"count":1,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/2081\/revisions"}],"predecessor-version":[{"id":2082,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/2081\/revisions\/2082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media\/1923"}],"wp:attachment":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media?parent=2081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/categories?post=2081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/tags?post=2081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}